BUILD
Crypto Overview
Purpose and Utility
BUILD is a cryptocurrency launched in 2024 on the Ethereum blockchain. The token aims to fund and incentivize the development of various cryptocurrency infrastructure tools and projects. It operates as a governance token for the BUILD DAO, where holders can vote on proposals for funding different development initiatives.
Business Model Analysis
The business model appears transparent and focused on legitimate development activities. The project does not involve any inherently prohibited activities like interest-based lending or gambling. The token serves primarily as a governance mechanism and potential store of value.
Real-World Adoption
While the project is still in its early stages, there is evidence of active community participation in governance decisions and development initiatives. The token has gained traction among developers and crypto infrastructure enthusiasts.
Development Activity
The project maintains an active GitHub repository with regular commits. The development team appears to be actively working on various tools and infrastructure improvements.
Token Distribution
The token distribution includes allocations for community rewards, development funding, and DAO treasury. Team tokens are subject to a vesting schedule, indicating commitment to long-term development rather than short-term gains.
Crypto Impact
To assign a comfort level investing in BUILD from a halal perspective we need to determine whether it has a net positive or negative impact.
Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to BUILD.
If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.
We will review your contribution for accuracy before publication.
Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.
You only have one vote per asset so use it wisely.
You can change your vote if you change your mind.